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Keith Olbermann -- The Rich Get Richer

1/24/2011 10:45 AM PST BY TMZ STAFF

Keith Olbermann scored an even sweeter exit package than previously reported. Sources connected with NBC tell us Keith is pocketing "well in excess" of $7 million.

Keith Olbermann
Sources tell us ... Olbermann was due for two salary hikes during the last two years of his contract, which would have netted him just over $17 million. The exit deal, we're told, gives Keith much more than $7 million, though our sources would not be more specific.

And we're told ... Olbermann agreed as part of his exit deal not to do television, but our sources say he'll be benched for less than 4 1/2 months. Conan O'Brien had to sit out twice that amount of time.

And speaking of Conan, we're told attorney Patty Glaser, who negotiated Conan's exit from the same network, did the heavy lifting for Keith, along with his agent and manager.  We're told negotiations for the exit went on for seven weeks.


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72 COMMENTS

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1.

TMZ@Froggy.biz    

What a capitalist pig... some leftwing commentator he turned out to be. He's still a big loud mouth.

1316 days ago
2.

dizzy    

How can this loser with a big mouth and "opinion news" even had made $1. Maybe he should have stuck with sports. Oh yeah, he sucked at that too. People need to start getting factual information instead of getting all their infromation from tv personalities.

1316 days ago
3.

kimd    

Good for Keith.Already looking forward to his return which will be better than ever.

1316 days ago
4.

sara    

I LOVE Keith Olbermann!I will miss countdown and am looking forward to what he'll do next!

1316 days ago
5.

Carvey    

For a low-life s*** who admitted on the air that he is an avowed and committed communist he sure does seem interested in the almighty dollar. Buh-bye commie.

1316 days ago
6.

Will    

Keithy's ratings in the 25-54 demographic have gone down by 20% in the last 12 months and with Obama racing towards the center and Keithy's viewers firmly planted way to the left of center he was smart to leave. To satisfy his viewers and keep his ratings up he would have to be critical of Obama and being critical of Obama in the lead up to 2012 would help to put his parties candidate's success in the election at risk.

1316 days ago
7.

A. Rex Shun    

I guess Keith got the last laugh at O'Reilly's expense. MSNBC is wasteland. Once Keith starts his job at CNN in 6 months he will continue to kick O'Reilly's a** in the ratings.

1316 days ago
8.

Fred Farkel    

I guess Keith got the last laugh at O'Reilly's expense. MSNBC is wasteland. Once Keith starts his job at CNN in 6 months he will continue to kick O'Reilly's a** in the ratings.

Posted at 2:31 AM on Jan 24, 2011 by A. Rex Shun

____________________________________________________________


Um.

Pal??? Have you checked the ratings over the past... uh, several years??? Where do you good folks get your facts??? I mean seriously... do you pull your "facts" out of thin air???

BTW. MSNBC is a wasteland because they manufactured a bad product.

And now you think that CNN is going to start manufacturing YUGOS now that NBC has quit manufacturing YUGOS??

Uh. OK.

Maybe you had better see someone about those voices in your head.

Oops.

Hope I didn't say anything here that may inspire a loon... to, um, do something "loonie".

1316 days ago
9.

A. Rex Shun    

Um.

Pal??? Have you checked the ratings over the past... uh, several years??? Where do you good folks get your facts??? I mean seriously... do you pull your "facts" out of thin air???

BTW. MSNBC is a wasteland because they manufactured a bad product.

And now you think that CNN is going to start manufacturing YUGOS now that NBC has quit manufacturing YUGOS??

Uh. OK.

Maybe you had better see someone about those voices in your head.

Oops.

Hope I didn't say anything here that may inspire a loon... to, um, do something "loonie".

Posted at 2:47 AM on Jan 24, 2011 by Fred Farkel

____________________________________________________________

My facts come from Keith. He wouldn't be on the air if he didn't know what he was talking about. Keith said he kicked O'Reilly's a** and I believe him. Keith rules!

1316 days ago
10.

Fred Farkel    

My facts come from Keith. He wouldn't be on the air if he didn't know what he was talking about. Keith said he kicked O'Reilly's a** and I believe him. Keith rules!

Posted at 2:58 AM on Jan 24, 2011 by A. Rex Shun

________________________________________________________


Um, Pal????

About a year ago, some female LOON at The White House declared that FOXNEWS WAS NOT A NEWS ORGANIZATION.

Your buddy Keith turned around that very same day and then declared that HE was the king of all news because the LOONS at The White House declared that FOX did not exist.

Hello??

McFly???

Reality pal??

You need to check the numbers.

No matter how you measure it - anyone at FOX has something like 5-6 times the audience of anyone else on a competing show.

You go on and post this nonsense for the rest of the day that "you got the facts from Keith".

I hereby rest my case.

Oh. And for your boy - Obama???

Your buddy Keith has almost single handedly assured the world that Obama will be the last black president of these here U-Nited States of Americas for the next 100 years.

The folks tried to be tolerant. The folks tried to be multi-cultural, multi-racial.

Uh. Yeah. Cute idea.

But personally, I don't want to live to see 1 billion Chinese walk across the USA in lock-step because your boys are literally BOWING TO OUR ENEMIES.

1316 days ago
11.

Fred Farkel    

BTW. Where I live - FOX is on channel 24 and MSNBC is on channel 25.

I go back and forth all day long.

Generally, I switch over to FOX when Keith or Rachel go clean out of their heads with the fantasy world in which they live - and I switch over to MSNBC when Glenn Beck beats us to death with the word of "god".


Now see there folks??

That's what FAIR AND BALANCED is truly all about.

The consumer with the remote control.

1316 days ago
12.

CJ    

And I wonder what happens to all the 'little people' that worked to put his show on the air every night - writers, producers, production assistants, camera people, sound engineers, etc.

Are they out of a job now? Or did KO ensure that they would be taken care of either with a severance package or another job within the organization?

1316 days ago
13.

Onward    

No wonder NBC is having financial difficulties. Screw up your job, watch your ratings tank, continue ranting, and get a multimillion dollar payout. Sweet.

1316 days ago
14.

SP    

When is Obama going to start taking from these rich folks? If he ever did they woudl stop supporting him fast, don't think these rich people pay any more in taxes than your so called big oil or big business folks, it is all the same, they want to take others money to pay for welfare & big Government, they just do not want to use theirs.

1316 days ago
15.

mutt    

Now that MSNBC has cleared out one lier they need to continue to clean house and get some so called TV PERSONALITIES who tell the truth as it happens and not make it up as they go like Olberman did,or maybe Comcast will do it for them,they are lucky to still be on the air with all the whackos blabbing about things they know nothing about,thats why we have a channel changer,one click and they're gone!!

1316 days ago
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